Pi Network has opened community feedback on a new ecosystem token framework, marking another step after its first Open Network anniversary. In a February 23, the team released a Pi Request for Comment called PiRC1 that outlines how future tokens could launch on the network. The proposal introduces a “Pi Launchpad” model focused on utility rather than fundraising. Developers, businesses and Pioneers are now invited to review the design through GitHub or a Google Form. The move comes as Pi coin trades near $0.16 and community debate around progress continues.
Pi Pushes Utility-First Token Model
At the center of the proposal is a clear shift away from the typical crypto fundraising model. Pi Network says most tokens across Web3 raise capital but fail to deliver real products. Instead, the new design pushes projects to launch tokens only when they already have working apps. Under the proposed Pi Launchpad system, user staked Pi would fund permanent liquidity pools on the upcoming decentralized exchange
Importantly, funds used to acquire ecosystem tokens would not go to project teams. Instead, they would be locked into liquidity pools to support long-term stability. The design also introduces incentive tiers. In the “balanced” model. Users may get around a 9% discount based on engagement. Meanwhile, the more aggressive rewards version could reach up to 60%. The team says transparent smart contracts will govern the entire process to reduce risk and manipulation.
Community Feedback Window Now Open
Pi Core Team is actively asking the community to stress-test the proposal. Pioneers can submit detailed technical feedback through GitHub issues or share broader opinions using a Google Form. The team made it clear that not every suggestion will be adopted. However, officials said community input will help refine the final structure
The design may also evolve further based on feedback from projects that want to use the launch program. This open comment approach follows Pi’s broader strategy of gradual rollout and community validation. Still, some users on social media say they want faster execution rather than more discussion phases.
KYC and Identity Still Central to Strategy
Alongside the token framework, Pi leadership again highlighted its long-term bet on identity infrastructure. The network plans to expand Pi KYC into a service that external Web3 and traditional companies can use. The pitch is simple. Many real-world blockchain use cases require verified human identity. Pi believes its hybrid AI and human validation model can fill that gap at scale. The team also framed identity as critical in an AI-heavy future where bots can mimic humans. If successful, KYC-as-a-service could become a major utility layer beyond the Pi ecosystem itself.
Progress Meets Ongoing Frustration
The update arrives during mixed community sentiment. Pi network news today reports continued ecosystem growth. Including millions of mainnet migrations and more than 250 apps in development. However, some Pioneers remain frustrated about migration delays and price weakness. For now, Pi Network appears focused on building infrastructure before pushing aggressive expansion. Whether the new token model gains strong developer traction will likely shape the network’s next phase. As feedback flows in, the Pi Launchpad concept will be closely watched as a test of the project’s utility first vision.
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